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$240,000 Just Listed
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Property Description
***LOT FOR SALE - PRIME MULTI-UNIT INVESTMENT OPPORTUNITY in Westminster, MD***Rare opportunity to acquire a ready-to-build, income-producing apartment project in the heart of Westminster. This approved and fully entitled lot is zoned for a 4-unit, two-bedroom apartment building, making it an ideal investment for developers or investors seeking long-term residual income*** Key Highlights: -Zoned & approved for a 4-unit, 2BR apartment building -Approved site plan and architectural drawings already in place -Much of the engineering work completed and approved by the county -Separate water and sewer rights allocated and appropriated for all four units -Significant upfront time, cost, and risk already eliminated -Small existing structure could be removed by next owner -Located in the heart of Westminster, close to shops, dining, employment, and services ***This property offers a truly rare chance to bring a new construction, income-producing apartment building to a strong rental market-without starting from scratch. Adding to its uniqueness, the original owner of the land dates back to the 1700s and was William Winchester, blending deep local history with modern investment potential***Whether you're a seasoned investor or a developer looking for your next project, this is a turn-key development opportunity with years of future cash flow ahead***
Full Property Details
Full Property Details for 288 E Main St
General
- Price: $240,000
- Taxes: $1,900 (2025)
- Status: Active
- Type: Lots/Land
- Source: BrightMLSMidAtlantic
- MLS ID: MDCR2032044
- Updated: Today (2/4/2026)
- Added to Site: Today
Location
- Municipality: Westminster
- County: CARROLL
- Driving Directions: 140 W to left on Center St to left on Main St. Property is on the right hand side.
- Historic District: Yes
- City Limits: Yes
School Information
- School District: Carroll County Public Schools
- Elementary School: Cranberry Station
- Middle School: East
- High School: Winters Mill
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Current Bldg. Use: Vacant
Additional Structures
- Other Structures: Other
Lot Features
- Property View: City
- Lot Size (Acres): 0.25
- Lot Size (Sq. Ft.): 10,890
- Lot Size Source: Estimated
- Lot Dimensions: 55.00 x
- Zoning: DOWNTOWN APARTMENT
- Lot Description: Level, Road Frontage
Financial Considerations
- Price Per Sq. Ft.: $22.04
- Assessment Year: 2025
- City/TownTax: $609
- City/TownTax Freq: Annually
- County Tax: $1,231
- County Tax Freq: Annually
- Tax w/Assessment: $108,900
- Tax Amount: $1,900
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Permits: Application Pending, Cost To Obtain
Listed by RE/MAX Advantage Realty, Mark C Ruby
Get Pre-Approved Today
Schools
Schools serving 288 E Main St
School District:Carroll County Public Schools, Westminster, MD
| Name | Grades | Distance |
|---|---|---|
Cranberry Station Elementary School 505 North Center Street, Westminster, MD 21157 | PK-5 | 0.7 mi |
Westminster East Middle School 121 Longwell Avenue, Westminster, MD 21157 | 6-8 | 0.6 mi |
Winters Mill High School 560 Gorsuch Road, Westminster, MD 21157 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 288 E Main St
Date
Details
Price
Change
Source
2/04/2026
Listed
$240,000
108.7%
MLS
3/12/2021
Sold
$115,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 288 E Main St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,840
49%
$108,900
—
2022
$1,231
-70%
$108,900
-62%
2019
$4,122
-14%
$286,167
—
2021
$4,816
9%
$285,000
9%
2020
$4,414
11%
$261,200
10%
2019
$3,988
11%
$237,400
11%
2018
$3,588
1%
$213,600
1%
2017
$3,546
1%
$211,067
1%
2016
$3,503
1%
$208,533
1%
2015
$3,461
-1%
$206,000
—
2014
$3,481
—
$206,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 288 E Main St
288 E Main Street, Westminster, MD 21157 (MLS# MDCR2032044) is a Lots/Land property with a lot size of 0.25 acres. 288 E Main Street is currently listed for $240,000 and was received on February 04, 2026. Want to learn more about 288 E Main Street? Do you have questions about finding other Lots/Land real estate for sale in Westminster? You can browse all Westminster real estate or contact a Coldwell Banker agent to request more information.

